Tencent Music Entertainment (TCMEF) Revenue (2016 - 2022)
Tencent Music Entertainment recorded quarterly Revenue of $1.0 billion in Q2 2022, down 16.81% quarter-over-quarter from $1.2 billion in Q2 2021, and down 16.81% year-over-year from $1.2 billion in Q2 2021.
Tencent Music Entertainment's Revenue history runs 5 years deep, the most recent figure standing at $1.0 billion for Q2 2022.
- In Q2 2022, Revenue fell 16.81% year-over-year to $1.0 billion; the TTM figure through Jun 2022 stood at $4.2 billion (up 4.25% YoY), while the FY2025 annual figure was $4.6 billion, up 17.33% from the prior year.
- Revenue came in at $1.0 billion for Q2 2022 at Tencent Music Entertainment, down from $1.2 billion in the prior quarter.
- In the past five years, Revenue ranged from a high of $1.2 billion in Q2 2021 to a low of $647.0 million in Q1 2018.
- A 4-year average of $879.4 million and a median of $857.0 million in 2019 frame the typical range for Revenue.
- Across the five-year window, Revenue surged 32.56% in 2019 and declined 16.81% in 2022, its largest moves.
- Tencent Music Entertainment's Revenue stood at $780.6 million in 2018, then soared by 32.56% to $1.0 billion in 2019, then rose by 19.77% to $1.2 billion in 2021, then slipped by 16.81% to $1.0 billion in 2022.
- According to Business Quant data, Revenue over the past three periods registered $1.0 billion, $1.2 billion, and $1.0 billion for Q2 2022, Q2 2021, and Q4 2019 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,554.43 Bn | 4,338.81 Bn | 102.29 Bn | 109.90 Bn |
| 2 | Meta Platforms | 1,602.78 Bn | 1,521.60 Bn | 46.09 Bn | 56.31 Bn |
| 3 | Spotify Technology | 119.86 Bn | 109.62 Bn | 1.75 Bn | 5.31 Bn |
| 4 | 33.71 Bn | 30.94 Bn | 511.94 Mn | 663.41 Mn | |
| 5 | Nebius | 22.38 Bn | 22.38 Bn | 295.20 Mn | 399.00 Mn |
| 6 | 12.76 Bn | 11.46 Bn | 768.96 Mn | 1.01 Bn | |
| 7 | Kanzhun | 12.59 Bn | 10.49 Bn | 255.62 Bn | 299.91 Bn |
| 8 | Snap | 9.64 Bn | 6.81 Bn | 1.29 Bn | 1.53 Bn |
| 9 | Match | 8.43 Bn | 7.41 Bn | 653.28 Mn | 863.93 Mn |
| 10 | Tencent Music Entertainment | - | - | 514.00 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2022 | 1.03 Bn |
| Jun 30, 2021 | 1.24 Bn |
| Dec 31, 2019 | 1.03 Bn |
| Sep 30, 2019 | 910.00 Mn |
| Jun 30, 2019 | 859.00 Mn |
| Mar 31, 2019 | 855.00 Mn |
| Dec 31, 2018 | 780.57 Mn |
| Sep 30, 2018 | 730.75 Mn |
| Jun 30, 2018 | 706.79 Mn |
| Mar 31, 2018 | 646.99 Mn |
| Dec 31, 2016 | 354.25 Mn |